Michael Palm Foundation

NEW YORK, NY EIN: 13-3745516

Michael Palm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 9 grants totaling $70K. Net investment income was $23K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

-9.5% YoY

Annual Giving

$70K

+64.7% YoY

Grant Count

9

+50.0% YoY

Avg Grant Size

$8K

+9.8% YoY

About Michael Palm Foundation

Based on IRS filings

Michael Palm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 9 grants totaling $70K. Net investment income was $23K.

Ready to take the next step with Michael Palm Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BostonBrewsterBrooklynCharlotteDurhamNew YorkPhiladephiaReadingTellurideWest ReadingWheat Ridge

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$34K$68K$103K$137K20202021202220232024
Metric202420232022
Total Assets$1,132,008$1,251,064$1,272,826
Revenue$-31,332$37,136$49,653
Expenses$87,724$58,718$61,972
Qualifying Distributions$74,714$46,837$47,622
Net Investment Income$23,339$25,255$37,281
Distributable Amount$53,053$51,555$53,338

Giving Over Time

Total grant dollars and number of grants per year

$0$18K$35K$53K$70K3 grants20206 grants20216 grants20226 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

READING EDUCATION FOUNDA…$20KFOUNDATION FOR READING A…$10KMICHAEL PALM THEATRE$10KPRIDE AT JEFFERSON CENTER$10KSPACE ON RYDER FARM$5KSPRING GARDEN CIVIC ASSO…$5KTELLURIDE AIDS BENEFIT$5KGOOGLE WORKS CENTER FOR …$3KREADING SCHOOL DISTRICT …$3K

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JENNIFER A JAMULADIRECTOR/SECRETARY2
BRAD M JAMULADIRECTOR/TREASURER2
M MELISSA JAMULAPRES/CHAIRPERSON2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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